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by sudosysgen
1023 days ago
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Responding to purchasing decision by downstream consumers is what the USSR tried to. In theory you would buy things, the price would be slightly higher than the cost, and whatever was being bought more would be produced more, with the profit reinvested in trying to make new products and services. In practice organizing the production efficiently was too difficult due to a confluence of a dozen factors. Point being, responding to consumer demand is indeed what central planning is supposed to do. |
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At least in the US, if Walmart central planning insists on procuring crappy paper towels, there is a good chance that their competitor Target, literally across the street, is at least ignoring them and perhaps even deliberately exploiting their mistake.